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Dhunseri Investments (BOM:533336) Asset Turnover : 0.03 (As of Sep. 2024)


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What is Dhunseri Investments Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Dhunseri Investments's Revenue for the three months ended in Sep. 2024 was ₹1,207 Mil. Dhunseri Investments's Total Assets for the quarter that ended in Sep. 2024 was ₹47,497 Mil. Therefore, Dhunseri Investments's Asset Turnover for the quarter that ended in Sep. 2024 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Dhunseri Investments's annualized ROE % for the quarter that ended in Sep. 2024 was 7.61%. It is also linked to ROA % through Du Pont Formula. Dhunseri Investments's annualized ROA % for the quarter that ended in Sep. 2024 was 4.48%.


Dhunseri Investments Asset Turnover Historical Data

The historical data trend for Dhunseri Investments's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dhunseri Investments Asset Turnover Chart

Dhunseri Investments Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.06 0.10 0.06 0.09

Dhunseri Investments Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.06 0.03 0.03

Competitive Comparison of Dhunseri Investments's Asset Turnover

For the Capital Markets subindustry, Dhunseri Investments's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dhunseri Investments's Asset Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Dhunseri Investments's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Dhunseri Investments's Asset Turnover falls into.



Dhunseri Investments Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Dhunseri Investments's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=3793.476/( (39763.729+44224.39)/ 2 )
=3793.476/41994.0595
=0.09

Dhunseri Investments's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=1206.588/( (0+47497.141)/ 1 )
=1206.588/47497.141
=0.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Dhunseri Investments  (BOM:533336) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Dhunseri Investments's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=2129.048/27976.071
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2129.048 / 4826.352)*(4826.352 / 47497.141)*(47497.141/ 27976.071)
=Net Margin %*Asset Turnover*Equity Multiplier
=44.11 %*0.1016*1.6978
=ROA %*Equity Multiplier
=4.48 %*1.6978
=7.61 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Dhunseri Investments's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=2129.048/47497.141
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2129.048 / 4826.352)*(4826.352 / 47497.141)
=Net Margin %*Asset Turnover
=44.11 %*0.1016
=4.48 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Dhunseri Investments Asset Turnover Related Terms

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Dhunseri Investments Business Description

Traded in Other Exchanges
Address
Dhunseri House, 4A, Woodburn Park, Kolkata, WB, IND, 700020
Dhunseri Investments Ltd is an investment management company. The company invests in shares and securities. It is engaged in the business of holding investments in various entities within the group, which are directly or indirectly either controlled or significantly influenced by the company, and investing funds into other relevant securities with the objective to earn reasonable return.

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